cover(redirected from cover position)
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Related to cover position: shorted
The amount above UNITY of a debt service ratio.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
The act of buying a security one has previously sold short in order to close a position. In order to make a profit on a short cover, one must buy the security at a price less than the price at which one sold it. It is also simply called a cover.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
See short cover.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
coversee DIVIDEND COVER, INTEREST COVER.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson